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Retail And Wholesale Paint Store In New York For Sale

New York
Asking Price:
$180,000 (USD)
Sales Revenue:
$500,000 (USD)
Cash Flow:
$100,000 (USD)

RETAIL/WHOLESALE PAINT STORE AND MORE: OWNER RETIRING. GROWTH WAITING. Neighborhood fixture, 87-year-old Bronx paint and hardware store near the Westchester border, with both a retail and wholesale following. Store does an even mix of walk-in and email sales, from individual customers to corporate, institutional and government clients, on paints and coatings, window treatments (a highly popular offering with particularly large margins), radiator covers, and much more. Although highly-successful throughout its history, the store has not been aggressively marketed in recent years. Enormous opportunities for future growth exist with the addition of an outside sales force to pursue the considerable potential for wholesale business in the Westchester area, plus many more counties, and ongoing telemarketing effort, direct mail advertising, a detailed catalog, an updated website, Sunday hours, etc. Another area for growth exists in sales across multiple categories. As an example, a paint purchaser in the midst of redecorating is often a prospect for window treatments and many other related products. Current owner plans to retire, but can stay on to train a new owner in all aspects of the business. An experienced, loyal staff of two-to-five, an inventory that averages about $100,000 and products that never go out of style increase the appeal of this unique opportunity. Total price is $189,000, with $135,000 down.


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Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Selling due to personal matters.

Employees:
3

Other Information

Support & training:

Yes

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

135,000.00 Down & Finance balance of $54,000

Furniture / Fixtures value:
$80,000 (USD)
Inventory / Stock value:
$120,000 (USD)

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